Ukraine broke a record of monthly exports of sunflower oil

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The FINANCIAL — According to APK-Inform figures, in December 2016 Ukraine exported 556.8 thsd tonnes of sunflower oil, which became a new record for the monthly shipments of the product, and exceeded the previous peak in November 2016 by 4%, and up 9% compared with the index in December 2015.

At the same time, in December India was the major country-importer of Ukrainian sunflower oil, which purchased 40% of the general volume of shipped product from Ukraine. According to the USDA forecast, in 2016/17 MY India will increase its import demand for sunflower oil by 20% compared with last season, to 1.8 mln tonnes.

During the first four months of 2016/17 MY (September-December), Ukraine exported 1.8 mln tonnes of sunflower oil, up 23.5% compared with the same period last season, which became a historical maximum.

 

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